Wow great example!

So definitely no cushions on anything besides your typical living room and bedroom furniture.

After re-reading Pricelabs' section on their recommended base price not including all the various fees (not just cleaning, but for example, Airbnb's own fees, etc.), I've reformulated the base price to consider all these fees so that it better reflects the total price the guest is paying (independent of taxes).

The out-of-state seller utilized a typical property management company which resulted in bloated expenses and a rent roll below market levels.

Passive losses are typically carried forward to future years and used to offset future passive income or gains from the same activity or a similar one.However, there is an exception under the tax law for "passive activity loss limitations" when an investment is disposed of in a complete disposition.

You can hear real-world examples of how others have built their investment portfolio and (hopefully) learn to avoid their mistakes.4.

As a quick example, I grew up in a household of limited financial means.

@Gabriela Angel nothing good comes from tenants knowing you are the owner.They just get to pressure you for immediate responses, whereas you typically want time to think and respond.Many here will state otherwise, but won't provide LOGICAL reasons, only emotional ones.

Thanks, Rob Hi Rob, while our investment club typically vets and goes in together on equity syndications and funds, we have invested in a little debt this year.

A recent example that comes to mind is for a client of mine; 10 SFH’s we looked at a portfolio loan for.